http://www.npr.org/In the last hourly update I heard, NPR reports that the House passed the extended child tax credit. They said that if it hadn't been passed, the credit would have been reduced to 500 per child, and then they noted the Republicans made sure the credit would extend to income earners up to (something like) $300K.
So they make it sound like this great thing and the Republicans are looking out for a lot of people, but in making it clear who the credit was going to cover, they didn't bother to mention who it wasn't going to cover. It's going to be worth 29 billion to all those rich people, but the 9 million people who make less than 10,500 who have children will get nothing. Assuming they have an average of two kids, thats 18 billion that the poor don't get, while everyone above 10,500 get 29 billion. And where's that 29 billion going to come out of? Probably from programs that were supposed to make sure that the children of the poor had a chance to make it into the middle class.
This is just on more transfer of wealth and political power from people on the bottom to people on the top, and they're bribing people who make 10,500 to, say, 80,000 so that a lot of people who don't need help get a freebie at the cost of a lot of people who really need help.